Hello, my real estate investment partner and I are in talks with a party about getting a $1-2M promissory note in place, which we would draw on to make acquisitions of 12-25 single family homes over the next year or s...
I am still new, let's call it studying for 8 months and waiting on my first lead to convert.My question, most of my leads I get are by owners that don't have the equity or not desperate enough to accept 70%-repairs-fe...
Hi all,I've been reading about the Passive Activity rules that prevent passive losses (eg Depreciation) from being offset against ordinary income. Unless of course, the taxpayer shows material involvement and claims t...
I have recently begun my REI business and purchased my first duplex. It is about to close (next week!) and I have planned the renovation and am ready to start improving the asset prior to renting out. I have been on t...
Or a good online article?
Yesterday I was in the office of a broker with over 20 years as an agent. She said she had never heard of 'wholesaling' properties. I explained how we as investors work directly with sell...
Hello All,This is my first forum post on BiggerPockets. I’ve enjoyed clicking through the forum and have learned a lot. After tons of research, I’m starting to put my plan in place on how I can purchase my first multi...
I have a question. Im scheduling an appointment with a seller on his property that has a tenant in it and he tells me he has to check with the relator company to see if it was fine for him to show it to me. the house ...
“Never invest in a business you cannot understand.”
– Warren Buffett
One of the best things about passive investing is that you are not the one doing the day to day work. Maybe this has been your chance to work o...
What would be your question when find out a well established syndicator is seeking additional "Key Principal / Key Sponsor" to join on a project, in order to help them qualify for larger loans. I am tracking that as ...
Hello all! It's a long read and I appreciate your feedback. I'm looking at doing a subject-to transaction, me, as the buyer. I've got a verbal agreement for these terms: purchase property for $230,000, 0% down, 20...